TWQ Token
TWQ Token
Token: TWQ


iP2PGlobal Platform aims to re-shape personal financing by being the first Shariah compliant P2P loan platform and the first to introduce unsecured crypto loans. Borrowers will have to stake TWQ Tokens when applying for loans on the platform.

ICO dates
Start date: 2019-11-18
End date: 2019-12-18

Registrated in: Cayman Islands

Platform: Ethereum

PREMIUM ICO

TWQ Token categories
Finance Investment Platform
TWQ Token whitepaper
TWQ Token token sale
KYC passing required Yes | Whitelist No | Restriction for countries Cayman Islands,USA
Soft cap 5000000
Hard cap 50000000
Tokens for sale 50000000
Token distribution in ICO
30
30
Sold tokens 0
Price 1 TWQ = US$0.10
Minimal investment US$10
Acceppting BTC,ETH

iP2PGlobal Cryptocurrency Financing Platform aims to re-shape personal financing by introducing Sharia compliant financing products to individuals worldwide. Offering the first unsecured crypto financing product, the platform will also feature a single global benchmark rates for fair loan pricing, compensation fund to cover default risks, full KYC & AML compliance and proper e-lending legal documentation in order to enforce debt collectibility, furthermore financing & disbursement will be in US$ pegged stablecoins to encourage real world usage. TWQ Token, an ERC20 token, is the platform’s system token. Borrowers will have to stake a certain number of TWQ Tokens when applying for personal financing on the iP2PGlobal platform. The TWQ Token is reusable and will be returned to the Borrower in the event of a successful loan repayment.  

TWQ Token news, social
TWQ Token search trends in Google
Random whitepaper excerpts

Table of Contents
i.
Legal Notice
1.
Executive Summary
1.1
Key Features
2.
The Current P2P Financing Landscape
2.1
Fiat P2P Industry
2.2
Crypto P2P Industry
3.
Issues in the Current P2P Financing Markets
4.
Our History
5.
The iP2PGlobal Cryptocurrency Platform
5.1
Using Stablecoins as Medium of Financing
5.2
The TWQ Token
5.3
The Financing Process Flow
5.4
Our Financing Products
6.
Competitive Analysis
6.1
P2P Financing Industry Models
6.2
Current Notable Cryptocurrency Financing Platforms
6.3
Comparison with Previous Peers
7.
Our Differentiating Factors
7.1
Unsecured Cryptocurrency Financing
7.2
Sharia Principles
7.3
Legal Protection
7.4
Takaful Reserve Fund
7.5
AML & KYC Policies
7.6
Regulatory Compliance
8.
TWQ Token Crowdsale, Di...

i. Legal Notice
PLEASE READ THIS ENTIRE SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT PLEASE CONSULT YOUR
LEGAL, FINANCIAL, ACCOUNTING, TAX OR OTHER PROFESSIONAL ADVISOR(S).

1.
RESPONSIBILITY STATEMENT

This White Paper has been issued by
iP2P Global Ltd (Company Registration Number: 331525),
an
exempted company incorporated under the laws of Cayman Islands, having its registered o

ce at Sertus
Chambers, Governors Square, Suite # 5-204, 23 Lime Tree Bay Avenue, P.O. Box 2547, Grand Cayman,
KY1-1104, Cayman Islands (hereinafter referred to as 'IP2PGlobal'). IP2PGlobal accepts full responsibility
for the accuracy of the information given and confirm that, after having made all reasonable enquiries, and to
the best of its knowledge, information and belief, there are no false or misleading statements or other
material facts the omission of which would make any statement in this White Paper false or misleading.

2.
IMPORTANT NOTICE AND GENE...

2.11 This White Paper may not be, in whole or in part, reproduced or used for any other purpose, or
shown, given, copied to or filed with any other person including, without limitation, any government or
regulatory authority except with the prior consent of iP2PGlobal or as may be required by law which applies
to the Issuer.

2.12 None of the information or data contained in this White Paper has been independently verified by
iP2PGlobal and no representation or warranty, express or implied, is given or assumed by iP2PGlobal as to
the authenticity, origin, validity, accuracy or completeness of such information and data or that the
information or data remains unchanged in any respect after the relevant date shown in this White Paper.

2.13 iP2PGlobal has not accepted and will not accept any responsibility for the information and data
contained in this White Paper or otherwise in relation to the TWQ Tokens and shall not be liable for any
consequences of reliance on any of the information or data i...

2.16 Neither the delivery of this White Paper nor the o

ering of any TWQ Tokens shall in any circumstance
imply that the information contained herein concerning iP2PGlobal is correct at any time subsequent to the
date hereof or that any other information supplied in connection with the TWQ Tokens is correct as of any
time subsequent to the date indicated in the document containing the same.

2.17 This White Paper may include certain historical information, estimates, or reports thereon derived
from sources mentioned in this White Paper and other parties, the material businesses which iP2PGlobal
operates and certain other matters. No representation or warranty is made as to the accuracy or
completeness of any information, estimate and or report thereon derived from such and other third party
sources.

2.18 This White Paper includes “forward looking statements”. These statements include, among other
things, discussions of each of Issuer’s business strategy and expectations c...

1
Executive Summary
The rapid advancement in Blockchain technology, opens up a host of possibilities to build a
comprehensive financial services ecosystem in an open and transparent manner. Tapping on this
technology, iP2PGlobal aims to introduce a global solution to provide a

ordable and accessible
financing to borrowers and attractive risk-adjusted returns to lenders.

iP2PGlobal plans to develop a peer-to-peer ('P2P') financing platform using smart contracts and
blockchain technology called iP2PGlobal Personal Financing Platform (hereinafter referred to as
“iP2PGlobal Platform” or “Platform”). The iP2PGlobal Platform will bring together borrowers and
lenders from all over the world and connects them on a single platform in a trusted, fast and easy
manner.

The financing products o

ered over the platform is based on Sharia finance principles. Sharia
finance principles mean prohibition of interest and usury, steering clear of unc...

1.1
Key Features
Unsecured Financing
The platform will provide both unsecured
and secured financing products
Takaful Reserve Fund
We provide an option to unsecured lenders
to contribute and be protected in a default
situation.
Auction
Two auction methods will be available: fixed
rate auction and variable rate auction.
AML & KYC Compliance
We have Anti Money Laundering and Know
Your Customer procedures when we register
borrowers and lenders onto our platform in
line with best banking practices.
7
Shariah Compliant
Financing products are based on Sharia principles,
targeting Muslim population of approx. at 2.18
billion. However the platform is open to everybody
regardless of creed or religion.
Global Platform & Global Rate
One single platform to match borrowers and
lenders across the globe for p2p personal
financing using one global benchmark rate
Robust Credit Assessment
We provid...

2
The Current P2P Financing Landscape
2.1
Fiat P2P Industry
P2P is the practice of lending money to individuals or businesses through online services that match
lenders with borrowers. P2P is a relatively new industry, with the 1st P2P lending platform only
starting in 2005 in the United Kingdom. Prior to the introduction of P2P lending platforms, the main
source of any financing for individuals or companies was from traditional lenders such as banks and
finance companies.

The main reason why the P2P business model works, is because it's operational expenses is lower
when compared with traditional lenders. Technology plays a big part in bringing borrower and
investors together ensuring that the main culprit of high costs i.e. Branch infrastructure is made
obsolete. These savings in operational expenses allow P2P players to under-cut traditional lender's
spread thus providing big savings to borrowers via lower interest rates and better returns for
investors, compared to s...

2.2
Crypto P2P Industry
(7)
Since the cryptocurrency lending market started in 2016, over US$4.7 billion loan volume has been
originated, but the income generated is low at US$86 million or less than 2%, although the
borrowing rate typically ranged form 6%-10% on an annual basis

Crypto Lending Industry Snapshot
Unique Addresses
Loans (total)
Loans (value)
Estimated Annual Interest Revenue
Total
114,000
244,000
US$4.7 billion
US$86 million
Borrow APR
50%
37.5%
25%
12.5%
0%
Compound DYDX EthLend MAKER Nuo
Min
BlockFi Celsius Genesis Nexo
Max
SALT Unchained
The main reason for the low income earned by the current crypto loan platforms are :

I) Very short term tenor of the loans originated.

II) ALL these loans are secured loans collateralised by cryptocurrencies.

III) Borrowers are mainly traders that borrowed to leverage their crypto holdi...

TWQ Token Roadmap

1
November 2019
1st round of IEO of TWQ commences
2
January 2020
2nd round of IEO of TWQ commences (if required)
3
March 2020
Target start date for development of IP2PGlobal P2P Platform
4
April 2020
Source, negotiate with 3rd party platform partners: I) credit scoring provider, II) KYC verification provider
5
May 2020
Target completion date for the Alpha version of the IP2PGlobal Platform
6
June 2020
Integration of 3rd party credit scoring & verification providers APIs in the IP2PGlobal Platform
7
July 2020
Target date to complete the beta version and start of testing by 3rd parties
8
August 2020
Target launch date of IP2PGlobal Platform with secured financing product
9
4th Quarter 2020
Start launching unsecured financing product in Phase 1 countries, activities incl.: I) local company set-up process (if required), II) appointing local debt collections agency, III) local marketing campaign
10
2nd Quarter 2021
Start development of behavioral learning software to integrate with our own credit scoring model
11
3rd Quarter 2021
Start launching unsecured financing product in Phase 2 & 3 countries, activities incl.: I) local company set-up process (if required), II) appointing local debt collections agency, III) local marketing campaign.
Rashdan Ibrahim
Team member Rashdan Ibrahim Chief Executive Officer

Muhammad Radzi
Team member Muhammad Radzi Chief Operating Officer

Afdha Yusof
Team member Afdha Yusof Chief Marketing Officer

Derek Lee
Team member Derek Lee Head of Business Development

Azli Noor
Team member Azli Noor Head of Legal and Compliance

James Loy
Team member James Loy Head of Credit Risks Management

Azli Noor
Azli Noor
Head of Legal and Compliance
Independent Auditor, FARAD Program
Head of Legal & Compliance
Head of Legal and Compliance
Derek Lee
Derek Lee
Head of Business Development
James Loy
James Loy
Head of Credit Risks Management
Chief Executive Officer
Head of Credit Risk Management
Rashdan Ibrahim
Rashdan Ibrahim
Chief Executive Officer
Financial Advisor, Farad Program
Director
Chief Executive Officer